GD Culture Group (NASDAQ:GDC) Trading Down 0.9% - Time to Sell?

Key Points

• GD Culture Group Limited shares fell by 0.9% to $3.21, with a significant decline in trading volume, down 61% from the average.
• The company recently reported a quarterly earnings per share (EPS) of ($0.08) and has a market capitalization of approximately $53.93 million.
• Wall Street Zen upgraded GD Culture Group to a "hold" rating, indicating a shift in analysts' sentiment towards the stock.

GD Culture Group Limited (NASDAQ:GDC - Get Free Report) shares dropped 0.9% during mid-day trading on Tuesday . The company traded as low as $3.20 and last traded at $3.21. Approximately 32,091 shares were traded during trading, a decline of 61% from the average daily volume of 83,263 shares. The stock had previously closed at $3.24.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded GD Culture Group to a "hold" rating in a research report on Saturday, May 24th.

GD Culture Group Stock Performance

The stock has a market cap of $53.93 million, a P/E ratio of -3.12 and a beta of 1.18. The stock has a 50-day moving average price of $3.15 and a 200-day moving average price of $2.41.

GD Culture Group (NASDAQ:GDC - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.08) earnings per share (EPS) for the quarter.

Institutional Trading of GD Culture Group

A hedge fund recently bought a new stake in GD Culture Group stock. Two Sigma Securities LLC bought a new position in GD Culture Group Limited (NASDAQ:GDC - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 47,057 shares of the company's stock, valued at approximately $89,000. Two Sigma Securities LLC owned about 0.42% of GD Culture Group at the end of the most recent reporting period. 0.55% of the stock is owned by hedge funds and other institutional investors.

About GD Culture Group

GD Culture Group Limited operates as an integrated marketing service agency. The company focuses on enterprise brand management, crisis public relations, intelligent public opinion monitoring, media PR, financial and economic we-media operation, digital face application, exhibition services, and other businesses.

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